Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN)
PDN is a passive ETF by Invesco tracking the investment results of the FTSE RAFI Developed x US Mid/Small. PDN launched on Sep 27, 2007 and has a 0.49% expense ratio.
ETF Info
US73936T7717
46138E735
Sep 27, 2007
Global ex-U.S. (Broad)
1x
FTSE RAFI Developed x US Mid/Small
Multi-Cap
Blend
Expense Ratio
PDN features an expense ratio of 0.49%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF had a return of 7.08% year-to-date (YTD) and 9.85% in the last 12 months. Over the past 10 years, Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF had an annualized return of 4.81%, while the S&P 500 had an annualized return of 11.26%, indicating that Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF did not perform as well as the benchmark.
PDN
7.08%
4.15%
1.50%
9.85%
4.90%
4.81%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of PDN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.16% | 7.08% | |||||||||||
| 2024 | -2.97% | 1.51% | 3.36% | -2.83% | 4.88% | -2.70% | 4.89% | 2.27% | 2.14% | -6.37% | 0.49% | -3.36% | 0.57% |
| 2023 | 7.56% | -3.42% | 1.58% | 1.71% | -4.38% | 3.11% | 4.74% | -3.16% | -4.75% | -3.83% | 8.17% | 6.60% | 13.38% |
| 2022 | -4.74% | -0.59% | -0.41% | -6.67% | 1.27% | -9.84% | 5.39% | -5.05% | -11.47% | 4.41% | 12.30% | -1.01% | -17.35% |
| 2021 | 0.07% | 2.36% | 3.83% | 3.57% | 2.53% | -1.05% | 0.42% | 1.22% | -3.02% | 2.24% | -6.74% | 3.81% | 9.03% |
| 2020 | -4.07% | -8.84% | -16.63% | 10.48% | 6.35% | 1.49% | 2.48% | 6.55% | -0.23% | -2.59% | 13.01% | 6.13% | 10.65% |
| 2019 | 7.48% | 1.34% | -0.41% | 2.58% | -6.04% | 4.88% | -2.04% | -0.99% | 2.67% | 3.22% | 2.14% | 3.53% | 19.17% |
| 2018 | 4.77% | -4.94% | -0.40% | 1.72% | -1.09% | -2.44% | 0.85% | -1.50% | -0.37% | -10.13% | 0.78% | -6.50% | -18.38% |
| 2017 | 3.89% | 2.50% | 1.77% | 2.74% | 3.53% | 1.30% | 3.14% | 0.59% | 1.56% | 1.77% | 1.88% | 2.49% | 30.74% |
| 2016 | -4.89% | -1.18% | 7.39% | 2.29% | 0.30% | -2.89% | 5.36% | -0.24% | 3.03% | -2.15% | -2.05% | 2.04% | 6.50% |
| 2015 | -0.12% | 6.68% | -2.04% | 5.05% | 0.39% | -0.90% | -2.29% | -4.18% | -3.80% | 5.57% | -1.61% | -0.34% | 1.70% |
| 2014 | -3.73% | 5.02% | 0.26% | -0.42% | 2.06% | 2.67% | -1.97% | 1.17% | -4.66% | -1.77% | -2.46% | -0.98% | -5.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PDN is 28, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF provided a 3.13% dividend yield over the last twelve months, with an annual payout of $1.06 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.06 | $1.06 | $1.03 | $0.79 | $0.89 | $0.62 | $0.83 | $0.61 | $0.83 | $0.58 | $0.53 | $0.51 |
Dividend yield | 3.13% | 3.36% | 3.16% | 2.68% | 2.42% | 1.79% | 2.60% | 2.21% | 2.42% | 2.16% | 2.06% | 1.96% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.34 | $1.06 |
| 2023 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.27 | $1.03 |
| 2022 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.11 | $0.79 |
| 2021 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.37 | $0.89 |
| 2020 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.19 | $0.62 |
| 2019 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.21 | $0.83 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.61 |
| 2017 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.46 | $0.83 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.24 | $0.58 |
| 2015 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.28 | $0.53 |
| 2014 | $0.03 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.20 | $0.51 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF was 59.32%, occurring on Mar 9, 2009. Recovery took 466 trading sessions.
The current Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF drawdown is 5.38%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -59.32% | Nov 2, 2007 | 336 | Mar 9, 2009 | 466 | Jan 12, 2011 | 802 |
| -41.94% | Jan 29, 2018 | 541 | Mar 23, 2020 | 186 | Dec 15, 2020 | 727 |
| -33.68% | Sep 7, 2021 | 278 | Oct 12, 2022 | — | — | — |
| -24.21% | May 3, 2011 | 274 | Jun 1, 2012 | 223 | Apr 25, 2013 | 497 |
| -20.59% | May 18, 2015 | 188 | Feb 12, 2016 | 251 | Feb 10, 2017 | 439 |
Volatility
Volatility Chart
The current Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF volatility is 3.19%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.